Latin America Corporate Wellness Market Size & Outlook
Latin America corporate wellness market, 2018-2030 (US$M)
Related Markets
Latin America corporate wellness market highlights
- The Latin America corporate wellness market generated a revenue of USD 1,274.7 million in 2023.
- The market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, health risk assessment was the largest revenue generating service in 2023.
- Stress Management is the most lucrative service segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,274.7 million |
| Market revenue in 2030 | USD 1,780.0 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Health risk assessment |
| Fastest growing segment | Stress Management |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management |
| Key market players worldwide | ComPsych, Wellness Corporate Solutions, EXOR NV, Marino Wellness, Privia Health Group Inc, Wellsource, Truworth Wellness |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.3% of the global corporate wellness market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 14,546.8 million by 2030.
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Corporate Wellness Market Scope
Corporate Wellness Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America corporate wellness market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to corporate wellness market will help companies and investors design strategic landscapes.
Health risk assessment was the largest segment with a revenue share of 20.68% in 2023. Horizon Databook has segmented the Latin America corporate wellness market based on health risk assessment, fitness, smoking cessation, health screening, nutrition & weight management, stress management covering the revenue growth of each sub-segment from 2018 to 2030.
Employers in Latin American are actively implementing wellness programs for their employees. However, the growth of the market is anticipated to remain stagnant. Employers tend to show a general interest in corporate wellness programs. However, they fail to realize the measurable benefits to be gained from these programs.
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Target buyers of Latin America corporate wellness market databook
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Our clientele includes a mix of corporate wellness market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America corporate wellness market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America corporate wellness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America corporate wellness market size, by country, 2018-2030 (US$M)
Latin America Corporate Wellness Market Outlook Share, 2023 & 2030 (US$M)
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